Tuesday, February 19, 2013

Home Sellers – Is Now the Right Time to Enter the Market?


by MITCH DIETZ
The number of homes for sale is approaching an eight year low.  With rising demand, many areas in our county are in short supply.  These are historically the best conditions to sell a home.
Sellers who are interested in trading up to a larger home are particularly well positioned in this market.  As prices rise, it costs more to wait to move because prices on the trade-up home will rise more in real dollars than the price of the home being sold.
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At the same time, some areas and price points are not moving quite as well.  Unless a move is absolutely necessary, we are still advising clients in these areas to wait to sell.
If you or someone you know is interested in moving in the next couple of years, give me a call and I would be happy to consult to help determine if now is the time to make that move, or if waiting might be in order.

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